Hungary’s parliament passed a controversial central-bank law—a move that threatens to derail the country’s bid for new financial backing from the EU and IMF.
See original here:
Hungary Passes Controversial Bank Bill
Tag Archives: technology
IMF Warned Greece on Debt Levels
The International Monetary Fund recently told the Greek government that a worsening economic outlook suggests the beleaguered nation may be unable to reduce its debt to sustainable levels even with a planned 50% write down in privately-held Greek government bonds.
Read the original post:
IMF Warned Greece on Debt Levels
Dollar Falls vs. Yen
The dollar fell to a three-week low against the yen in Asia due to last-minute settlement orders by Japanese exporters that also pushed down the euro.
Read more:
Dollar Falls vs. Yen
Asian Shares Mostly Higher
Asian stock markets were mostly higher on the last trading day for 2011, helped by an encouraging rise on Wall Street, but a cautious air prevailed. Shanghai was up 0.8%.
See the original post:
Asian Shares Mostly Higher
Boeing Examines Supply Chain for Weak Links
Boeing’s production struggles with its 787 Dreamliner taught it to regularly stress-test suppliers, a skill that is now coming to the forefront as it tackles a mountain of orders for its best-selling 737 jets.
Excerpt from:
Boeing Examines Supply Chain for Weak Links
China Growth Continues to Slow
The final HSBC China Manufacturing Purchasing Managers Index rose in December compared with November, but remains in contractionary territory, adding to evidence that growth continues to slow.
More here:
China Growth Continues to Slow
Iran to File in U.S. Court to Unfreeze Funds
Iran’s central bank is preparing to file a motion in a New York federal court early next year to release nearly $2 billion of its frozen funds at Citigroup Inc.’s Citibank unit, according to attorneys for the Iranian bank.
Read the original:
Iran to File in U.S. Court to Unfreeze Funds
Banks Face Off For Facebook IPO
Goldman Sachs and Morgan Stanley are the front-runners for the prestigious and lucrative job of leading Facebook’s IPO. Still, other investment banks aren’t giving up.
Read more from the original source:
Banks Face Off For Facebook IPO
Egyptian Forces Storm NGO Offices
Egyptian soldiers and police stormed nongovernmental organization offices throughout the country, adding new tensions to fraying ties between Egypt’s interim military leadership and its allies in Washington.
Here is the original post:
Egyptian Forces Storm NGO Offices
Year-End Quiz: Do You Know Business?
It was a year of tablets, fracking, Apple, video streaming, management missteps, natural disasters and new realities for TV. Test your knowledge of 2011′s business events.
View post:
Year-End Quiz: Do You Know Business?